HALE AND DISTRICT U3A
Hale and District U3A operates as an educational self help association, particularly for older and retired people, and advances education and personal development through diverse study groups and associated activities in Hale and its surrounding locality.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds show a surplus of £81,070, which is a significant increase from the previous year largely due to a substantial legacy received. The trustees aim to maintain reserves at around 6 months of annual expenditure, but the current unrestricted surplus equates to 20 months of annual expenditure, indicating a strong financial position.
What the accounts disclose
“The trustees aim to maintain reserves at around 6 months of annual expenditure in order to provide for unforeseen or unexpected costs.” — page 7
Trustees
- David Brian Leonard Zuckerchair
- ALISON FRANCES JURKOWSKI
- Arlene Moss
- Diana Virginia Murray
- FRANK ATKINSON
- Joyce THORLEY
- Mark Andrew Hope
- Nicholas Charles Steer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £111k | £47k |
| 31/03/2024 | £50k | £51k |
| 31/03/2023 | £43k | £40k |
| 31/03/2022 | £22k | £21k |
| 31/03/2021 | £13k | £9k |
Common questions
Is HALE AND DISTRICT U3A financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds show a surplus of £81,070, which is a significant increase from the previous year largely due to a substantial legacy received. The trustees aim to maintain reserves at around 6 months of annual expenditure, but the current unrestricted surplus equates to 20 months of annual expenditure, indicating a strong financial position. Its FY2025 accounts were independently examined.